Here is a trade that I am in today on the 3m Russell Index (TF) futures. It's already hit the initial profit target for "Standard" traders, but in the example I demonstrate how I always use the higher timeframes to guide my trading activity on the lower, and why there is a case for higher prices, and hence, shooting for a higher target may pay off.

Notice that I am using the power of the WPT levels and higher timeframe here as pure price targets, even in the absence of a clean "Holy Grail" pattern.

I have no idea what the outcome of the trade will be, but even a +2.4R to +3R result in and around the lower targets is a nice trade by anyone's standards.

Notice that the initial Wave C targets coincide with the previous close - in essence, the TF has filled the gap. So any new highs here will represent a change in sentiment and help support higher prices, but given the "gap fill effect" of prices tending to move away, it may reverse from here. As always, the most important thing is that the risk was under control from the moment I entered the trade.

I will be interested to see how this plays out later and will follow up with an end-of-the-day look at what happens...

Screenshot should be inserted as an attachment....

Here is the post-mortem to the live in-progress trade that I posted earlier, with the TF hitting and now exceeding the projected profit target (the Wave 3 WPT) with just minutes to go in the trading day, yielding a nice +6R profit.

It was a slow grind getting there, but learning how to use the tools in the software really gives confidence in identfying and maximizing trade setups.